XMR bat pattern and ab=cd 80% to 130% increase#XMRUSD
$XMR broke out descending resistance and hold above an ascending support.
to complete BAT pattern price can reach $478 and for completing AB=CD pattern price can touch $600 and more.
if price break down from ascending support this analysis will be invalid
Xmr
XMR - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XMR is overall bullish and now approaching the lower blue trendline so we will be looking for buy setups on lower timeframes.
on H4: XMR is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, XMR would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
privacy until no privacystill going through the elliot wave introduction so the count may be wrong however xmr future does not look bad. with quite a few delistings, good dev responsivness to attacks, often algorithm upgrades to avoid asic usage and most importantly transaction privacy. sadly xmr.to has gone, possibly they accomplished their mission ;). some might think it is harder to buy monero than a year ago but that is why decentralized exchanges are around and localmonero that does not want kyc. for the moment taproot is being signaled, in a couple of months mweb on ltc. once people figure mweb is not a such a good thing or maybe upon activation - xmr could have good additional fuel for value increase in xmr/btc ratio. this does not mean xmr will consolidate until then. at this moment on lower timeframes a good oscillator reload is happening with some bullish divergence. it is possible to see the price hit 0.01 in a couple of weeks an then perform a corrective abc wave possibly making cupnhandlelike pattern. upon value flow from ltc to xmr if it happens at all but expecting it, this should be visible on ltcbtc/xmrbtc pair chart.
$XMR Monero moving fast higher!Monero Means Money
Private, decentralized cryptocurrency that keeps your finances confidential and secure.
Moving fast higher. If red lines break ideas fails.
Take some profits on the road up.
DYOR
Watch Monero Fly Very bullish from this tweet:
"COMIT just got finished building out the initial protocol for atomic swaps, a trustless way to swap between #Bitcoin and #Monero, and now a Monero dev just built out a trustless, decentralized way to "pool mine" Exploding head" -@sethforprivacy
See chart. MACD looks very healthy.
$XMR IS READY TO LUNCH 🚀💥Monroe has broken a long-term downtrend and Pulbeck has hit the broken level and is ready to move towards the price targets. In addition to this broken trend, it can be said that in the weekly timeframe, Elliott is at the beginning of his third wave, which can touch high targets in the long run.
I hope you find this analysis useful🌹
Follow for more...
#DYOR
XMRUSDT Technical Analysis⏳ Spot
💎 XMRUSDT has broken above the symmetrical triangle and it is still moving along the ascending channel. After the retest there is a high chance of trend continuation
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 280.0 - 284.0
☕️ TP1 295.0
🍺 TP2 308.0
🍻 TP3 322.0
🍾 TP4 333.0
🍷 TP5 350.0
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 270.0
Good Luck 🎲
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XMR/BUSD Expanding PhaseMonero (XMR) is setting up for a bullrun, just created its second wave of expansion to the upside, holding higher with huge demand, still without making any significant correction, which soundly demonstrates that the market's appetite for Monero is at its very early stages, as central banks keep on steamrolling their stimulae packages, printing money like there's no tomorrow, governments cracking down on fiscal havens, setting a worldwide minimum tax rate, public-blockchain heavyweights like Bitcoin (BTC) & Ethereum (ETH) getting increasingly discredited by those who see their every transactions tracked by IRS or its equivalents, due to conventional banking institutions reporting "know your customer" (KYC) details to the US authorities for tax-evasion mitigation, under the pretense of "anti money-laundering" (AML) & "combating the financing of terrorism" (CFT), which are all state measures to curtail individual liberty and force people to acquiesce to the forced wealth confiscation that conventional finance is accustomed to uphold, all of which is defied by Monero and other privacy cryptocurrencies.
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (280.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 297.4
TP2= @ 309.7
TP3= @ 317.9
TP4= @ 334.7
TP5= @ 360.8
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (280.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 297.4
TP2= @ 309.7
TP3= @ 317.9
TP4= @ 334.7
TP5= @ 360.8
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XMR/USDTIn xmr you can see the pattern of head and shoulders and the strategy of changing the Ichimoku cloud
And breaking the downtrend line.
If the neckline of the pattern is broken 300$, the price can increase by another 15 to 30%
Monero Breakout and Targets, Oct 24XMRUSDT downward trend is broken
It's better to wait for a confirmation candle but it's already seems OK
You can see all the resistances on chart ( R1-R2-R3 )
Final target is ATH which is a important technical level
XMRBTC Situation: is getting recover from support level
Monero XMRUSD - Weekly cup and handle!- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Monero bearish fakeout, bullish reversal imminent!(a) Chart Overview
> XMR/BTC - DAILY CHART - BINANCE
(b) Analysis
The descending triangle is usually a bearish sign however a fake-out is a strong possibility considering these factors:
Fundametals
> Monero's privacy USP is highly valuable for two main reasons, 1: To avoid discrimination and 2: To maximize security.
> Monero most recently (July 23rd) hit it's highest number of transactions per day
Technicals
> Last time Monero was at this price level we saw a strong bullish rally
> Monero has been hit hard by the April Crypto crash, other coins have recovered but Monero has stagnated, Monero could be a late bloomer.
(c) Conclusion
Monero gets a bad reputation because of the criminal element, however we've seen with Bitcoin that FUD erodes away as the true value dawns on people. Monero is a coin that has lasted a long time (since Cryptonote, October 2013), this proves it has staying power, with the price so low right now, it could be the perfect time to enter.
What do you guys think, would love to hear your thoughts?
DISCLAIMER: Not Professional Advice
XMR/BTC Bear Market Ending This Summer?I think I successfully called the bottom in my previous monthly idea and we appear to be set up on the weekly for a big move.
best case scenario is charted, a run to 0.016-18. In my opinion, this zone will have a lot of resistance and we will likely see signifigant pullback before inevetiably breaking 0.02 in the fall.
Check out my monthly idea, which is more conservative, and calls for may being red before our pump to ~0.017 occurs in June:
In any case, don't sleep on Monero for the next leg-up.
Obligatory Disclaimer: This is not financial advice. I am not a financial advisor. This is merely my idea/opinion about what could potentially happen in the future. All investments have inherent risk; investing in cryptocurrency is no different, and you are potentially risking your full investment principal.